What to Do BEFORE the Foreclosure and Eviction Moratorium Ends

14 min readFeb 8, 2021

Don’t wait for the foreclosure and eviction moratorium to end. Here’s advice for homeowners and renters from 12 real estate and housing experts.

By Debt.com

President Biden has signed an executive order asking federal agencies to extend the foreclosure and eviction moratorium. The order seeks to extend moratoriums that were set to expire at the end of January through March 31, 2021.[1] These moratoriums protect renters from eviction and homeowners from foreclosure due to non-payment. The current moratoriums are set to expire on February 28, 2021.

Extending the foreclosure and eviction ban is just one part of the administration’s plan to rescue homeowners and renters. President Biden has asked Congress to pass a new COVID-19 relief bill that would provide an additional $35 billion in relief for renters and Americans facing homelessness.[2]

That adds to the $25 billion in rent relief that Congress approved in December as part of the second stimulus. The rental relief funds would effectively help renters cover payments that may have been missed since March 2020. Missed payments have not been forgiven, meaning that many renters owe significant back rent that eventually needs to get paid. Otherwise, landlords may face foreclosure due to nonpayment of the mortgages for their rental properties.

“It’s a tough situation for everyone,” says Howard Dvorkin, chairman of Debt.com. “A large percentage of renters live in single-family homes, meaning the landlord only has one tenant in the property. If that tenant can’t pay rent, it often means the landlord may be behind as well. It’s putting everyone behind, and no one can say for certain what will happen when these protections eventually run out.”

With that in mind, Debt.com asked twelve housing experts what renters and homeowners can do to get ahead.

Advice for renters who owe back rent and could be facing eviction

The eviction moratorium that’s been in place since March 2020 prevents renters in certain types of homes from being evicted due to nonpayment. This only…


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